Bitcoin Reaches Top Spot on CoinGecko with Steady Price

Bitcoin's price has shown resilience in recent times, holding steady at $80,798 despite limited movement over the past 24 hours. This stability has seen it take the top spot on CoinGecko's trending coins board, with a daily gain of 0.5%. Trading volume reached roughly $18.7 billion, while market capitalization sat near $1.618 trillion.

The largest cryptocurrency's dominance in the global market also remains strong, holding around 58.3% of the total crypto market, according to CoinGecko data. This comes as spot Bitcoin ETFs in the United States have pulled in roughly $3.4 billion over six straight weeks, with cumulative flows since January 2024 reaching above $58 billion.

Tom Lee, co-founder of Fundstrat, has made a notable prediction regarding Bitcoin's future price. He forecasts that it could trade between $150,000 and $200,000 by late 2026, citing institutional ETF demand as a structural floor for the asset. This comes after recent geopolitical developments have eased, reducing pressure on the market.